AGP Executive Report
Last update: 7 hours agoOil Recovery: Libya’s crude output has climbed to about 1.44 million barrels per day, the highest since 2013, as the National Oil Corporation reports steady gains and aims to push toward 1.5 million bpd. Fuel Subsidy Pressure: The Government of National Unity has warned NOC and GECOL to curb distortions in the subsidized fuel market, saying higher electricity tariffs are driving factories and services toward private generators and increasing diesel demand. Digital Transformation: Jumhouria Bank met Huawei Libya to expand cloud, AI, 5G and other tech support, with plans for a joint team and a roadmap for modernization. Cultural Heritage Tech: A Libyan-Italian project is using LiDAR scanning and photogrammetry to map the archaeological landscape of Qasr Al-Akhyar, building a digital database for research and conservation. Migration Tragedy: Bodies of at least 15 migrants were recovered off Libya’s coast near Tobruk after a boat sank, with survivors reporting around 61 people on board. Regional Diplomacy: Libya featured in Cairo talks involving Egypt, Saudi Arabia, Türkiye and the US, as officials discussed regional stability and efforts to preserve Libya’s unity.
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